CAG for revising railway passenger fares to recover cost

Friday, March 10, 2017, 4:59 PM

The Comptroller and Auditor General (CAG), has asked the railways to revise passenger fares and curtail concessional passes, to recover its operating cost in a phased manner. CAG has also advocated the railways to improve productivity which has been deteriorating over the years and urged the national transporter to initiate effective measures to keep a stringent check on misclassifications in accounting.